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    OFF-MARKET
    Commercial real estate

    16040 Excelsior Ave, Hanford, CA 93230

    207 ac lot
    Property ID
    US09-2015617
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents 207+/- acres of agricultural land ideally situated in Hanford, California, within Kings County. The property boasts an AG20 zoning designation, offering significant potential for various agricultural uses. Included is a substantial 4,300 square foot shop, providing ample space for equipment storage and operations. The land is served by the Kings River Water Association, ensuring a reliable water source for cultivation. The property's location in Hanford offers convenient access to transportation routes and local amenities. The parcel is comprised of multiple contiguous lots, identified by APNs: 004-080-080, 004-080-081, 004-080-082, 006-010-005, 006-010-038, and 006-010-068. The asking price for this expansive agricultural holding is $6,000,000. This represents a rare chance to acquire a substantial, well-located agricultural property with existing infrastructure. The property's size, zoning, and water access make it an attractive proposition for both established agricultural operations and new ventures seeking a foothold in the fertile Kings County region. The address is 16040 Excelsior Ave, Hanford, CA 93230. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 207 ac (9,016,920 SF)
    APN 004-080-080, 004-080-081, 004-080-082, 006-010-005, 006-010-038, 006-010-068
    UPID US09-2015617
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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